What if I already missed a rent payment and the property owner sent me a default notice?

You should take this seriously and act quickly. Take a look at the default section of your lease. Many leases specify that you have a certain number of days to cure a default, such as failure to pay your rent, before the property owner can evict you. Keep in mind that even though Oregon courts might not hear eviction complaints until June, most commercial property owners can exercise “self-help,” or lock out a tenant if a tenant falls behind on rent.

You can first reach out to the property owner and try to work out an arrangement. However, if the property owner is unwilling to work out an arrangement, contact an attorney to see if they can help with negotiations or if your lease or state law has other available remedies.

If you were not planning to stay in the space anyway, you should still take a look at the default and remedies sections of your lease. Even if you did not plan to stay, you are likely still on the hook for rent payments and possibly other payments, as well.

Show All Answers

1. What should I do if I can’t pay the rent for my small business?
2. Can the federal CARES Act help me pay my rent?
3. Does Oregon’s “no evictions” order apply to commercial leases?
4. Can I negotiate a change to my lease?
5. Why would the property owner be willing to negotiate changes to my lease?
6. How do I approach negotiating with the property owner?
7. What are some terms that I can consider offering the property owner?
8. If I am able to reach an agreement with the property owner, can we just agree over the phone?
9. I can’t pay rent and can’t reach the property owner. Should I send them a letter explaining? Is that enough to forestall an eviction in the future?
10. What if I already missed a rent payment and the property owner sent me a default notice?
11. Am I still responsible for paying rent if I have to close my business?
12. Will a “Force Majeure” or “Impossibility” clause get me out of the lease?
13. What if my lease states that I have to be open during certain days and hours?
14. What if the property owner wants to cancel my lease because the location is good and they think they can get more money from another tenant?
15. What if I have to declare bankruptcy?
16. If I am a month-to-month tenant, how does this impact my lease?
17. I do not know if I have a lease (or can't find a copy of my lease). What should my next steps be?
18. Where can I find more resources?